ASX/200 Closed Higher by 0.74%, Lifted by Utilities

By the end of the trading session on 15 November 2024, the benchmark index S&P/ASX 200 closed higher by 0.74% and settled at 8,285.20. Out of 11 sectors, 10 sectors ended higher along with the S&P/ASX 200.

Utilities and Financial are the top-gaining sectors, gaining 2.39% and 1.46% in their index value. On the other hand Healthcare are the top-losing sectors, losing 1.76% in their index value.

Capricorn Metals Limited (ASX: CMM) and Nine Entertainment Co. Holdings Limited (ASX: NEC) are the top-gaining stocks, gaining 5.042% and 4.824% in their stock prices. On the other hand, Healius Limited (ASX: HLS) and Graincorp Limited (ASX: GNC) went down by 16.038% and 5.123% respectively are the top-losing stocks.

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Top gainer for the day:

• Utilities (Up 2.39%)
• Financial (Up 1.46%)

Top loser for the day:

• Healthcare (Down 1.76%)

Other Factors influencing the market:

• ASX Ltd gained 0.7%, reaching $66.22 after refuting claims that its February 2022 statements regarding the CHESS replacement project were misleading or deceptive.

• Lendlease saw a 2.7% increase to $6.82 as CEO Tony Lombardo announced plans to launch a $500 million share buyback "in the near term," conditional on the successful sale of specific assets.
• Peninsula Energy, a small-cap uranium explorer, is on the lookout for a new managing director following a leadership resignation after substantial production cuts and cost overruns at its primary mining site.
• The head of the Australian competition watchdog voiced strong support for proposed legislation aimed at enhancing regulatory oversight on payment platforms.
• Oil prices declined further, contributing to a weekly loss, impacted by a strengthening U.S. dollar and concerns of a potential global market surplus next year.
• U.S. stock markets showed mixed results with the Dow Jones down 0.47%, the S&P 500 down 0.60%, and the NASDAQ down 0.64%.
• Asian and European markets posted gains, with the Hang Seng up by 0.48% and the FTSE 100 up by 0.51% today.

Top 5 Gainers and Losers Scoreboard

90-Day Average Volume Outlier:

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